Chapter 4
Planning: Developing Business and Acquisition Plans
Phases 1 and 2 of the Acquisition Process
If you don't know where you are going, any road will get you there.
—Lewis Carroll, Alice in Wonderland
Inside M&A: Nokia's Gamble to Dominate the Smartphone Market Falters
The ultimate success or failure of any M&A transaction in satisfying expectations often is heavily dependent on the answer to a simple question. Was the justification for buying the target firm based on a sound business strategy? No matter how bold, innovative, or precedent-setting a bad strategy is, it is still a bad strategy.
In a bold move that is reminiscent of the rollout of Linux, Nokia, a Finnish phone handset manufacturer, announced in mid-2008 that it had reached ...
Get Mergers, Acquisitions, and Other Restructuring Activities, 6th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
